Borr Drilling director buys 1.5M company shares

Tor Olav Troim, a director of Borr Drilling Ltd, reported a purchase of 1,500,000 Common Shares on August 13, 2026 at $4.0245 per share.

Rhea-AI Filing Summary

Tor Olav Troim, a director of Borr Drilling Ltd, reported a purchase of 1,500,000 Common Shares on August 13, 2026 at $4.0245 per share. The shares are held indirectly through Drew Holdings Ltd., which is wholly owned by Drew Trust, a non-discretionary trust in which he is the beneficiary.

Following this transaction, indirect holdings total 28,685,941 Common Shares. He also holds 81,867 Common Shares directly, including 54,545 restricted stock units that vest in full on September 30, 2026, conditional on his continued service as a director; each RSU represents a contingent right to receive one common share.

Insider Trade Summary

Net Buyer: 1,500,000 shares

Net Buy 2 txns

Insider Troim Tor Olav

Role Director

Bought 1,500,000 shs ($6.04M)

Type	Security	Shares	Price	Value
Purchase	Common Shares F1	1,500,000	$4.0245	$6.04M
holding	Common Shares F2	--	--	--

Holdings After Transaction: Common Shares — 28,685,941 shares (Indirect, By Drew Holdings Ltd.); Common Shares — 81,867 shares (Direct)

Footnotes (2)

1. F1. Drew Holdings Ltd. is wholly owned by Drew Trust, a non-discretionary trust in which the reporting person is the beneficiary.
2. F2. Includes 54,545 restricted stock units (RSUs) that vest in full on September 30, 2026 conditional upon continuing to serve as a Director of the Issuer at the date of vesting. Each RSU represents a contingent right to receive one common share.

Key Figures

Shares purchased: 1,500,000 Common Shares Purchase price per share: $4.0245 Indirect holdings after transaction: 28,685,941 Common Shares +2 more

5 metrics

Shares purchased 1,500,000 Common Shares Non-derivative purchase on August 13, 2026

Purchase price per share $4.0245 Price paid for each Common Share purchased on August 13, 2026

Indirect holdings after transaction 28,685,941 Common Shares Indirectly held through Drew Holdings Ltd. following the reported purchase

Direct holdings after transaction 81,867 Common Shares Directly held, including RSUs, after the reported transactions

Restricted stock units 54,545 RSUs RSUs vesting in full on September 30, 2026, each for one common share

Key Terms

restricted stock units, non-discretionary trust, indirect ownership, Form 4

4 terms

restricted stock units financial

"Includes 54,545 restricted stock units (RSUs) that vest in full on September 30, 2026"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

non-discretionary trust financial

"Drew Holdings Ltd. is wholly owned by Drew Trust, a non-discretionary trust"

indirect ownership financial

"total_shares_following_transaction: 28,685,941.0000, direct_or_indirect: I"

Form 4 regulatory

"INSIDER FILING DATA (Form 4): {"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Borr Drilling (BORR) director Tor Olav Troim report in this Form 4?

He reported a purchase of 1,500,000 Borr Drilling Common Shares on August 13, 2026 at $4.0245 per share, held indirectly through Drew Holdings Ltd., which is owned by a non-discretionary trust where he is the beneficiary.

How many Borr Drilling (BORR) shares does Tor Olav Troim hold after the reported transaction?

After the transaction, he holds 28,685,941 Common Shares indirectly through Drew Holdings Ltd. and 81,867 Common Shares directly. The direct holdings figure includes restricted stock units that may convert into additional common shares upon vesting.

At what price were the Borr Drilling (BORR) shares purchased in this Form 4?

The reported purchase price was $4.0245 per Common Share for 1,500,000 shares acquired on August 13, 2026. The filing describes this as a purchase in an open market or private transaction of non-derivative Common Shares.

How are the indirectly held Borr Drilling (BORR) shares structured for Tor Olav Troim?

The indirectly held shares are owned by Drew Holdings Ltd., which is wholly owned by Drew Trust, a non-discretionary trust in which Troim is the beneficiary. This structure means his reported indirect ownership is through that trust-controlled entity.

What restricted stock units (RSUs) does Tor Olav Troim hold in Borr Drilling (BORR)?

His direct holdings include 54,545 restricted stock units (RSUs) that vest in full on September 30, 2026, conditional on his continued service as a director. Each RSU represents a contingent right to receive one common share upon vesting.

Were the Borr Drilling (BORR) transactions made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan. There is no footnote stating that the 1,500,000-share purchase was executed pursuant to a pre-arranged Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/14/2026 - 08:12 AM Accepted by SEC EDGAR 08/14/2026 - 08:11 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Troim Tor Olav

(Last) (First) (Middle)

C/O BORR DRILLING LIMITED

2ND FLOOR 9 PAR-LA-VILLE ROAD

(Street)

HAMILTON D0 HM11

(City) (State) (Zip)

BERMUDA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Borr Drilling Ltd [ BORR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol
[BORR]

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	08/13/2026	08/13/2026	P		1,500,000	A	$4.0245	28,685,941	I	By Drew Holdings Ltd.(1)
Common Shares								81,867(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Drew Holdings Ltd. is wholly owned by Drew Trust, a non-discretionary trust in which the reporting person is the beneficiary.

2. Includes 54,545 restricted stock units (RSUs) that vest in full on September 30, 2026 conditional upon continuing to serve as a Director of the Issuer at the date of vesting. Each RSU represents a contingent right to receive one common share.

Remarks:

	/s/ Temi Bankole as attorney-in-fact	08/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)